Datadog (NASDAQ:DDOG) CEO Olivier Pomel Sells 26,012 Shares

Datadog, Inc. (NASDAQ:DDOGGet Free Report) CEO Olivier Pomel sold 26,012 shares of Datadog stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $267.15, for a total transaction of $6,949,105.80. Following the transaction, the chief executive officer owned 724,969 shares of the company’s stock, valued at $193,675,468.35. This represents a 3.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Olivier Pomel also recently made the following trade(s):

  • On Tuesday, May 26th, Olivier Pomel sold 84,698 shares of Datadog stock. The shares were sold at an average price of $223.58, for a total transaction of $18,936,778.84.
  • On Monday, May 11th, Olivier Pomel sold 127,141 shares of Datadog stock. The shares were sold at an average price of $199.84, for a total transaction of $25,407,857.44.
  • On Thursday, April 9th, Olivier Pomel sold 42,443 shares of Datadog stock. The shares were sold at an average price of $111.14, for a total transaction of $4,717,115.02.
  • On Monday, March 16th, Olivier Pomel sold 42,443 shares of Datadog stock. The shares were sold at an average price of $126.80, for a total transaction of $5,381,772.40.

Datadog Stock Down 2.7%

Shares of NASDAQ DDOG opened at $243.60 on Friday. The stock has a market capitalization of $86.71 billion, a P/E ratio of 641.07, a P/E/G ratio of 26.80 and a beta of 1.56. The company has a 50-day moving average price of $164.88 and a 200-day moving average price of $144.65. Datadog, Inc. has a 1 year low of $98.01 and a 1 year high of $278.70. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.40 and a quick ratio of 3.40.

Datadog (NASDAQ:DDOGGet Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.09. The firm had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $960.12 million. Datadog had a net margin of 3.69% and a return on equity of 4.83%. The business’s revenue was up 32.1% on a year-over-year basis. During the same period last year, the company earned $0.46 earnings per share. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. On average, equities research analysts forecast that Datadog, Inc. will post 0.61 EPS for the current fiscal year.

Institutional Investors Weigh In On Datadog

Institutional investors have recently added to or reduced their stakes in the business. Hartford Investment Management Co. purchased a new stake in Datadog during the third quarter valued at about $2,689,000. MUFG Securities EMEA plc lifted its holdings in Datadog by 115.6% during the fourth quarter. MUFG Securities EMEA plc now owns 13,342 shares of the company’s stock valued at $1,814,000 after purchasing an additional 7,154 shares during the last quarter. Norges Bank purchased a new stake in Datadog during the fourth quarter valued at about $469,461,000. IQ EQ FUND MANAGEMENT IRELAND Ltd lifted its holdings in Datadog by 134.5% during the third quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 31,142 shares of the company’s stock valued at $4,435,000 after purchasing an additional 17,860 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings in Datadog by 30.3% during the third quarter. Vanguard Group Inc. now owns 41,902,227 shares of the company’s stock valued at $5,966,877,000 after purchasing an additional 9,748,738 shares during the last quarter. 78.29% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on DDOG shares. Raymond James Financial upped their target price on shares of Datadog from $170.00 to $220.00 in a research note on Thursday, May 7th. Scotiabank upped their target price on shares of Datadog from $160.00 to $225.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. Rosenblatt Securities upped their target price on shares of Datadog from $178.00 to $220.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. UBS Group upped their target price on shares of Datadog from $195.00 to $220.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Finally, Mizuho upped their target price on shares of Datadog from $145.00 to $220.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $219.69.

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Datadog Company Profile

(Get Free Report)

Datadog (NASDAQ: DDOG) is a cloud-based monitoring and observability platform that helps organizations monitor, troubleshoot and secure their applications and infrastructure at scale. Its software-as-a-service offering collects and analyzes metrics, traces and logs from servers, containers, cloud services and applications to provide real-time visibility into system performance and health. Datadog’s platform is widely used by engineering, operations and security teams to reduce downtime, accelerate incident response and improve application reliability.

The company’s product suite includes infrastructure monitoring, application performance monitoring (APM), log management, real user monitoring (RUM), synthetic monitoring and network performance monitoring, along with security-focused products such as security monitoring and cloud SIEM.

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